RedBridge Grant Samuel Update (June 2014)

Date: Jun 2014

RedBridge Grant Samuel's clients, Chengdu Tianqi Industry Group and China Investment Corporation (“CIC”), on the completion of the sale of a 49% stake in Talison Lithium to Rockwood Holdings Inc., being the company Tianqi/CIC outbid to acquire Talison in late 2012. The US$1.05 billion valuation of the transaction represents a 26% uplift on the price paid by the clients 15 months earlier and Rockwood has also granted Tianqi a 3 year option to acquire an interest of between 20-30% in Rockwood’s European lithium unit.

Tianqi simultaneously also sold its remaining 51% stake in Talison into its listed affiliate, Sichuan Tianqi Lithium Industries, and the Tianqi group announced the A$230 million acquisition of a lithium processing plant from Galaxy Resources.

In addition to advising on all of the transactions above, RedBridge Grant Samuel has this year completed a number of other advisory mandates for clients in the food & agriculture, outdoor advertising and resources sectors in Australia and will shortly be establishing an additional presence in London to support the increased level of Asian outbound M&A going into Europe.

We have recently moved our Hong Kong office address to:

Level 8, Two Exchange Square
8 Connaught Place, Central, Hong Kong

The information on this page may have been provided by a contributor to ChinaGoAbroad, and ChinaGoAbroad makes no guarantees about the accuracy of any content. All content shall be used for informational purposes only. Contributors must obtain all necessary licenses and/or ownership rights from the relevant content owner(s) before submitting such content (including texts, pictures, photos and diagrams) to ChinaGoAbroad for publication. ChinaGoAbroad disclaims all liability arising from the publication of any content/information (such as texts, pictures, photos and diagrams that infringe on any copyright) received from contributors. Links may direct to third party sites out of the control of ChinaGoAbroad, and such links shall not be considered an endorsement by ChinaGoAbroad of any information contained on such third party sites. Please refer to our Disclaimer for more details.


RedBridge Grant Samuel


Regions & Countries
Minerals & Resources
Service Areas
Investment Management

Contact Us